On December 5, 2001, the face amount of marketable U.S. government and federal agency securities held in custody by the Federal ReserveBanks for foreign official and international accounts was $ 734,033 million, a change of $ - 3,318 million for the week. The total includes$ 603,298 million of U.S. government securities and $ 130,736 million of federal agency securities. The total includes the face value ofU.S. Treasury strips and other zero coupon bonds.1 Face value of the securities.2 Net of $ 19,766 million (daily average over statement week) and $ 18,889 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 19,766 million (daily average) and $ 18,889 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 4,244 million (daily average) and $ 3,862 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.3 Includes $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 951 million of compensation that adjusts for the effects of inflation on the principal of such securities.4 Cash value of agreements arranged through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities.5 Consists of required clearing balances of $ 8,248 million and adjustments of $ 285 million to compensate for float.6 Excludes required clearing balances and adjustments to compensate for float.

* Estimated (Treasury's figures).Components may not add to totals due to rounding.

Worksheet for H.4.1 (a)

CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKSMillions of Dollars

Change Since

ASSETS

*

Wednesday Dec 5, 2001

Wednesday Nov 28, 2001

Wednesday Dec 6, 2000

Gold certificate account

11,045

0

- 1

Special drawing rights certificate account

2,200

0

- 1,000

Coin

1,049

+ 3

+ 135

Loans

39

+ 4

- 95

Acceptances

0

0

0

Repurchase agreements -- triparty (1)

28,000

- 11,350

+ 5,475

Federal agency obligations (2)

Bought outright

10

0

- 120

Held under repurchase agreements

0

0

0

U.S. government securities (2)

Bought outright--Bills

185,817

+ 518

+ 2,433

Notes (3)

263,851

+ 1,475

+ 26,823

Bonds (4)

103,090

0

+ 10,402

Total bought outright (5)

552,758

+ 1,993

+ 39,658

Held under repurchase agreements

0

0

0

Total U.S. government securities

552,758

+ 1,993

+ 39,658

Total loans and securities

580,807

- 9,354

+ 44,918

Items in process of collection

(986)

10,777

+ 2,740

+ 1,399

Bank premises

1,520

+ 1

+ 79

Other assets (6)

34,708

- 71

+ 1,911

TOTAL ASSETS

(986)

642,105

- 6,682

+ 47,440

LIABILITIES

Federal Reserve notes

595,194

- 26

+ 44,899

Reverse repurchase agreements -- triparty (1)

0

0

0

Deposits

Depository institutions

14,853

- 8,430

+ 2,698

U.S. Treasury--general account

4,788

+ 475

- 427

Foreign--official accounts

86

- 265

- 3

Other

(0)

243

- 29

- 1

Total deposits

(0)

19,970

- 8,249

+ 2,268

Deferred availability cash items

(986)

9,225

+ 1,735

+ 631

Other liabilities and accrued dividends (7)

2,681

- 6

- 1,716

TOTAL LIABILITIES

(986)

627,070

- 6,546

+ 46,082

CAPITAL ACCOUNTS

Capital paid in

7,357

- 13

+ 269

Surplus

6,730

- 3

+ 4,051

Other capital accounts

949

- 120

- 2,961

*Figures in parentheses are the eliminations made in the consolidation process.1 Cash value of agreements arranged through third-party custodial banks.2 Face value of the securities.3 Includes $ 5,739 million of inflation-indexed securities valued at the original face amount and $ 583 million of compensation that adjusts for the effects of inflation on the principal of such securities.4 Includes $ 3,972 million of inflation-indexed securities valued at the original face amount and $ 368 million of compensation that adjusts for the effects of inflation on the principal of such securities.5 Net of $ 18,889 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 3,862 million that are fully collateralized by otherU.S. government securities.6 Includes assets denominated in foreign currencies, revalued daily at market exchange rates.7 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.Components may not add to totals due to rounding.

MATURITY DISTRIBUTION OF LOANS AND SECURITIES, December 5, 2001

Millions of dollars

U.S. governmentsecurities (1,2)

Federal agencyobligations(2)

Loans

Holding

Weeklychanges

Holdings

Weekly change

RepurchaseAgreementsTriparty(3)

ReverseRepurchaseAgreementsTriparty(3)

Within 15 days

17

15,078

- 8,869

0

0

18,000

0

16 days to 90 days

22

125,205

+ 11,896

0

0

10,000

0

91 days to 1 year

0

129,286

- 1,037

0

0

------

------

Over 1 to 5 years

151,093

+ 2

10

0

------

------

Over 5 to 10 years

53,251

0

0

0

------

------

Over 10 years

78,845

0

0

0

------

------

Total

39

552,758

+ 1,993

10

0

28,000

0

1 Includes $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 951 million of compensation that adjusts for the effects of inflation on the principal of such securities.2 Includes face value of securities held under repurchase agreements classified by the remaining maturity of the agreements.3 Cash value of agreements arranged through third-party custodial banks classified by remaining maturity of the agreements.Components may not add to totals due to rounding.

H.4.1 (b)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON December 5, 2001Millions of dollars

ASSETS

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

SanFrancisco

Gold certificate account

11,045

546

4,451

454

538

741

871

1,028

343

143

317

477

1,136

Special drawing rights certif. acct.

2,200

115

874

83

104

147

166

212

71

30

66

98

234

Coin

1,049

53

67

40

63

173

112

119

57

33

67

127

137

Loans

39

2

0

0

0

0

4

10

4

3

10

1

4

Acceptances

0

0

0

0

0

0

0

0

0

0

0

0

0

Repurchase Agreements -- triparty(1)

28,000

0

28,000

0

0

0

0

0

0

0

0

0

0

Federal agency obligations(2)

Bought outright

10

1

4

0

1

1

1

1

0

0

0

0

1

Held under repurchase agreements

0

0

0

0

0

0

0

0

0

0

0

0

0

U.S. government securities(2)

Bought outright--Bills

185,817

11,164

76,117

7,632

10,879

11,101

12,777

21,045

6,697

580

5,735

3,369

18,721

Notes (3)

263,851

15,853

108,082

10,837

15,447

15,763

18,143

29,883

9,510

823

8,144

4,783

26,582

Bonds (4)

103,090

6,194

42,229

4,234

6,035

6,159

7,089

11,676

3,716

322

3,182

1,869

10,386

Total bought outright(5)

552,758

33,211

226,428

22,704

32,361

33,022

38,009

62,604

19,923

1,725

17,061

10,021

55,689

Held under repurchase agreements

0

0

0

0

0

0

0

0

0

0

0

0

0

Total U.S.govt. securities

552,758

33,211

226,428

22,704

32,361

33,022

38,009

62,604

19,923

1,725

17,061

10,021

55,689

Total loans and securities

580,807

33,213

254,432

22,704

32,362

33,023

38,014

62,616

19,928

1,728

17,071

10,022

55,694

Items in process of collection

11,763

841

1,223

497

517

754

1,177

732

689

637

735

808

3,152

Bank premises

1,520

92

177

49

152

133

285

111

42

123

49

136

172

Other assets(6)

34,708

1,772

12,516

1,262

2,066

4,790

2,271

3,331

919

661

930

775

3,417

Interdistrict settlement account

0

- 3,199

-15,440

- 1,695

- 2,102

+10,552

+ 4,138

+ 4,948

+ 531

+10,764

- 924

+ 2,472

-10,046

TOTAL ASSETS

643,091

33,434

258,300

23,394

33,699

50,312

47,034

73,097

22,578

14,120

18,311

14,916

53,896

1 Cash value of agreements arranged through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities.2 Face value of the securities.3 Includes $ 5,739 million of inflation-indexed securities valued at the original face amount and $ 583 million of compensation that adjusts for the effects of inflation on the principal of such securities.4 Includes $ 3,972 million of inflation-indexed securities valued at the original face amount and $ 368 million of compensation that adjusts for the effects of inflation on the principal of such securities.5 Net of $ 18,889 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 3,862 million that are fully collateralized by other U.S. government securities.6 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates.

Components may not add to totals due to rounding.

H.4.1 (c)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON December 5, 2001Millions of dollars

LIABILITIES

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

SanFrancisco

Federal Reserve notes

595,194

31,053

245,534

21,819

30,360

43,690

43,339

68,011

21,150

12,704

16,670

13,408

47,455

Reverse repurchase agreements--triparty(1)

0

0

0

0

0

0

0

0

0

0

0

0

0

Deposits

Depository institutions

14,853

729

2,467

453

1,377

1,896

1,385

2,469

734

464

563

612

1,704

U.S. Treasury--general account

4,788

0

4,788

0

0

0

0

0

0

0

0

0

0

Foreign--official accounts

86

2

62

1

2

7

2

3

1

1

1

1

3

Other

243

1

134

0

0

87

1

3

1

2

13

1

1

Total deposits

Deferred credit items

10,210

623

1,260

536

462

876

985

733

267

606

567

447

2,849

Other liabilities and accrued dividends (2)

TOTAL LIABILITIES

628,055

32,572

255,098

22,930

32,368

46,805

45,933

71,502

22,265

13,840

17,920

14,561

52,261

CAPITAL ACCOUNTS

Capital paid in

7,357

418

1,503

222

665

1,756

531

775

149

180

190

163

805

Surplus

6,730

358

1,468

228

472

1,679

495

632

138

101

179

188

792

Other capital accounts

949

85

232

15

194

72

75

188

26

0

21

4

38

TOTAL LIABILITIES AND CAPITAL ACCOUNTS

643,091

33,434

258,300

23,394

33,699

50,312

47,034

73,097

22,578

14,120

18,311

14,916

53,896

FEDERAL RESERVE AGENTS' ACCOUNTS

F.R. notes outstanding

748,513

35,998

289,503

28,691

35,433

55,574

64,616

75,608

24,045

14,990

21,147

33,068

69,839

Less--Held by F.R. Banks

153,318

4,945

43,969

6,872

5,073

11,884

21,278

7,597

2,895

2,285

4,477

19,659

22,384

F.R. notes, net

595,194

31,053

245,534

21,819

30,360

43,690

43,339

68,011

21,150

12,704

16,670

13,408

47,455

Collateral held against F.R. notes

Gold certificate account

11,045

Special drawing rights

certificate account

2,200

Other eligible assets

1,181

U.S.govt. and agency securities(3)

580,768

Total collateral

595,194

1 Cash value of agreements arranged through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities.2 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.3 U.S. government and agency securities bought outright or held under repurchase agreement are valued at face amount. Includes cash value of repurchase agreements under triparty arrangements and excludes the par value of securities pledged under reverse repurchase agreements.